Doony
Level 2
Member profile
- Replies
- Posts
-
Thank you so much. The issue is that sometimes people fall in a grey zone.In 2023 I placed many trades--over 1000--and mainly focused on short-term swings in th...
-
In order to write off business expenses, must I identify myself as a trader? Or can I maintain my profession as an investor?
-
I'm also struggling with whether I can write off business expenses if my occupation is investor, and not trader.
-
If I choose to be an investor, and not a trader, can I deduct business expenses? Or must I claim Trader Tax Status to write off any expenses such as subscriptio...
-
I understand, thanks.If my job is investor--not trader--can I write off business expenses? Or must I be a trader to write off business expenses?
Activity Feed for Doony
- Posted Trader Tax Status or Investor If I Receive Significant Dividends / Interest on Investors & landlords. April 11, 2024 9:44 PM
- Posted Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? on Deductions & credits. April 11, 2024 9:42 PM
- Posted Trader Status If I have Dividend Income on Get your taxes done using TurboTax. April 11, 2024 9:39 PM
- Posted Investor or Trader? on Retirement tax questions. April 11, 2024 1:59 AM
- Posted Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? on Deductions & credits. April 11, 2024 12:01 AM
- Posted Re: Stock Investment Expenses - can I claim them? on Investors & landlords. April 10, 2024 11:16 PM
- Posted Re: Stock Investment Expenses - can I claim them? on Investors & landlords. April 10, 2024 11:13 PM
- Posted Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? on Deductions & credits. April 10, 2024 10:12 PM
- Posted Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? on Deductions & credits. April 8, 2024 10:23 PM
- Cheered Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? for RobertB4444. April 8, 2024 10:22 PM
- Posted Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? on Deductions & credits. April 8, 2024 10:11 PM
- Posted Re: No. Capital Gains are income, not expense. If you meet al... on Deductions & credits. April 4, 2024 9:53 PM
- Posted Re: What kind of expenses One can deduct on Sch C as Trader (with TTS)? on Deductions & credits. April 4, 2024 1:02 AM
- Cheered Re: I am a day trader and I am trying to file my taxes to claim the active trader espenses like m... for AnnetteB6. April 4, 2024 1:00 AM
- Posted Re: No. Capital Gains are income, not expense. If you meet al... on Deductions & credits. April 3, 2024 12:30 AM
- Posted Re: I am a day trader and I am trying to file my taxes to claim the active trader espenses like m... on Deductions & credits. April 3, 2024 12:27 AM